In a strategic maneuver to bolster market liquidity, the Reserve Bank of India has infused a significant fifty thousand crore rupees into the banking sector. As businesses prepare for advance tax and GST payments later this month, this liquidity boost comes at a crucial time.
Gold gains as oil slumps after Trump holds off on Iran attack
Gold prices saw an increase on Monday as oil prices declined. This shift occurred after President Donald Trump delayed further action against Iran. Eased concerns